Archives

Ascot Resources Crashes 66% After Placing Premier Gold Mine Into Care And Maintenance

Ascot Resources (TSX: AOT) has officially placed its Premier Gold Mine on care and maintenance, stating that further mine development is required in order to efficiently run mill operations on site. “The Company believes we need to focus on mine development to prioritize asset value and ensure we have the best path forward to sustainable […]

Hertz Energy Signs Option Agreement For Harriman Antimony Project

Hertz Energy (CSE: HZ) has acquired new land claims in the Gaspe Region of Quebec that are said to be prospective for antimony.

Riverside Options Out La Union For $5.5 Million In Expenditures, 19.9% Stake In Exploration Junior

Riverside Resources (TSXV: RRI) has successfully optioned out another of its projects under its project generator model. The latest property to be optioned is the La Union project, found in the Sonora State of Mexico.

Canada Nickel Sees Export Development Canada Express Interest For Debt Financing

Canada Nickel Company (TSXV: CNC) is one step closer to securing debt financing for the development of its flagship Crawford Nickel Project in Ontario. The company has received a letter of interest from Export Development Canada in relation to funding the project. The letter of interest is said to outline potential funding of the project, […]

Canadian Oil Industry Challenges Anti-Greenwashing Legislation

The Canadian Association of Petroleum Producers (CAPP) has called on the country’s Competition Bureau to revise anti-greenwashing legislation enacted earlier this year. In a statement released Thursday, CAPP reiterated its demand for the complete removal of recent amendments to the law. This development comes as the Competition Bureau works on guidelines to help companies interpret […]

Libya’s Oil Production Faces Severe Threats as Key Fields Shut Down

Libya’s oil sector, a critical pillar of its economy and a significant source of crude for European markets, is facing an alarming and uncertain future. Recent data reveals that while crude exports remained stable in August 2024, there are growing signs that Libya’s oil production may be on the brink of a significant downturn. The […]

Can Miami Still Be The Financial Hub Ken Griffin Wants It to Be?

Andreessen Horowitz has closed its Miami Beach office just two years after opening, signaling potential challenges in the city’s ambitions to become a tech hub. The $43 billion firm quietly exited the 8,300-square-foot space in May 2024, citing low employee usage as the primary reason for the closure. The move comes as a setback to […]

DOJ Targets Russian Government-Sponsored Influence Campaign in the U.S.

The U.S. Department of Justice announced a significant disruption in ongoing Russian efforts to influence American and international audiences, disclosing that it had seized 32 internet domains connected to a Russian state-sponsored operation, codenamed “Doppelganger.” This covert campaign sought to manipulate public opinion, meddle in the 2024 U.S. presidential election, and spread pro-Russian disinformation globally, […]

Ramp Metals: 73 g/t Gold Over 7.5m in First Hole with Jordan Black

In this interview, Jordan Black, CEO of Ramp Metals Inc. (TSXV: RAMP), reveals an unexpected twist in the company’s exploration journey. Originally targeting nickel and battery metals in Saskatchewan, Ramp Metals made a significant gold discovery during a wildcat drilling program. Black details their progression from intriguing surface samples to a remarkable drill result of […]

Russian Fuel Exports Hit New Post-Pandemic Low — Down 13% in August

Russian oil product exports hit a post-pandemic low in August, according to recent tanker tracking data. Seaborne export loadings of refined products, including diesel, fuel oil, and naphtha, averaged 2.09 million barrels per day (b/d), marking a 13% decrease from July and a substantial drop of nearly 700,000 b/d compared to January levels. This decline […]